3 BEST CRYPTOS TO INVEST IN 2022

Crypto#1-Avalanche (AVAX)

the first crypto to invest in 2022 is going to be avalanche so why is avalanche an essential in every investor’s portfolio and is it too late to invest in now so among many crypto experts and analysts avax is one of the favorite and most admired ethereum killers the ethereum blockchain is currently the most popular choice for decentralized applications because it’s still the first of its kind but as time goes on there has been an increasing number of better alternatives the ethereum blockchain has been struggling with their high transaction costs their proof of work methodology and the speed of transactions completed per second now they’ve been in the works of launching ethereum 2.0 but the project has been delayed several times and there hasn’t been a clear indication on when that date for the new ecosystem to take place would be with the issues in ethereum’s blockchain there still has been a ton of competitors that have been looking to replace the flawed ethereum blockchain this is where avax comes into the picture our blazingly fast low-cost and eco-friendly to give you some insight into the speed comparison between ethereum and avax while ethereum can complete just about 30 transactions per second on their blockchain avax can go ahead and complete 6500 transactions while focusing on scalability the issue with several blockchains is that once they get large enough there is an inevitable high cost transaction fee required to remain decentralized to solve this issue avalanche has a unique blockchain system that pretty much integrates three different and individual blockchains that all work together in dividing the different computing tasks and creates that insane speed and efficiency as well as those
low costs avalanche was launched in September of 2020 and has already become the ninth largest crypto in the entire market with a market price of 92 dollars and is supported by some of the largest d5 companies and decentralized applications in the market during the bull market this past November ajax made highs of 135 dollars and in my non-financial opinion, I think it may happen once again moving on our list for.

Crypto#2-Cosmos

now the third crypto on this list is going to be cosmos also known as adam cosmos has a unique and innovative blockchain that focuses on solving some challenging problems facing the blockchain industry today apart from its focus on offering a quick low-cost and scalable environment it also aimed towards making blockchain technology less complex and difficult for decentralized application engineers and developers by far the coolest feature about the blockchain is the cosmos hub the hub allows for blockchain networks to communicate with each other also known as interoperability this is so important because having the network that connects other cryptocurrencies together can allow for even more scalability and cooperation within the space there are hundreds of blockchains in existence and all of them are created to be singular so when we get almost the glue to all these amazing projects we could see some tremendous impact happening within the space as mentioned in the white paper cosmos permits blockchains to run concurrently with one another while retaining interoperability the cosmos hub essentially manages a number of other independent blockchains and acts as the central ledger for the entire system that allows anything that you can think of happening on one blockchain to happen on one another in a way you can think of it as while other competing blockchains are looking to beat one another the cosmos hub is looking to own the rest of them and make them their daddy cosmos is currently number 21 in the crypto market with a current price of 28 and has a strong proven support price of around 20 i do believe that cosmos is currently on a discount but if you are looking for a safer and less risky entry point you can definitely wait to see if the price dips down to the lower 20s.

Crypto#3-Harmony (ONE)

the next cryptocurrency I have on my list is harmony one has a powerful underlying blockchain technology using a rather old
concept known as a sharding sharding has been around for a while but it’s not the uh type of sharding that you might be thinking of sharding when it comes to crypto is to simply put a blockchain network that is broken into smaller more manageable segments and instead of having one giant blockchain trying to process everyone’s transactions at the same time many blockchains now are getting processed simultaneously and communicate back to the main chain once completed when it comes to blockchain sharding allows for transactions to become processed and validated significantly faster and since harmony 1 was one of the first projects to implement sharding they have that leader’s advantage in addition to all that harmony 1 is also a proof of stake blockchain that allows for low cost and energy efficient transactions and has an open governance feature as well with all that said i’m not all that surprised that the total value locked or the tvl of harmony went from 135 million dollars to over one billion dollars in the past five months this massive increase was largely due to harmony’s team dedicating over 300 million dollars to marketing and showing the crypto community what their platform offers and once word got out developers and users came flooding in so what is tvl and why is this important very simply put for any of our beginners it is overall the value of crypto assets deposited within a d5 protocol and it’s the key indicator for gauging interest within the crypto community out of the entire 1 billion dollars 56 of that total value locked is in you guessed it defy kingdoms defy kingdoms is also a play to earn game and exchange a liquidity pool opportunity and a marketplace for nfts now if you haven’t heard of d5 kingdoms before definitely check it out as it has become one of the most popular games in the crypto world now compared to the other coins on my list harmony one has a lower market cap and a lower price as well at the time of filming this video harmony 1 is ranked number 53 in market cap and is just at the price point of 19 cents within the past one year harmony one has also reached a low of two cents and a high of 38 cents so it goes without saying this is a riskier and more volatile investment so don’t yolo your money into this project without doing your full research to add on top of that though in my non-financial advice harmony one has a strong support line at around the 15 cent mark so if you are bullish on this project as well play it safe keep up with the company read their white paper and look for any further updates on the project

Buy Crypto witch fees as low as 0%

  • FACEBOOK
  • FACEBOOK

Leave a Reply

Your email address will not be published.